Dojo & YouLend’s £1B Deal Boosts Growth for UK SMEs

Dojo and YouLend have reached an impressive milestone, having funded over £1 billion to support the growth of UK SMEs since 2020. Their collaboration has enabled more than 20,000 UK businesses to access flexible funding, directly addressing common cash flow challenges that often hinder small businesses. Through Dojo’s payment technology platform, companies can seamlessly apply for funding up to £1 million and receive tailored offers within a day, benefiting from revenue-based repayments that adapt to sales fluctuations.

Jakob Pethick, Chief Commercial Officer at YouLend, highlighted the importance of accessible capital for small businesses aiming to make impactful contributions to society, while Neil Richards, Dojo’s General Manager for Business Funding, emphasized the agility and ease of accessing financing through the Dojo app, reinforcing Dojo’s role in the UK’s fintech landscape.

Following this achievement, Dojo and YouLend plan to scale their operations and expand funding services to European markets, further empowering SMEs beyond the UK.